Woolworths say ‘external events’ had no impact on CEO’s resignation
The Woolworths Group chair has insisted that CEO Brad Banducci’s resignation this week and the supermarket chain’s announcement of a replacement has been in the works for some time.
On Wednesday morning, Banducci announced that he will officially step away from his role in September, a position he has held since 2016. Amanda Bardwell, head of loyalty and eCommerce, will replace him as CEO.
The announcement came after he walked out of a Four Corners interview this week, after asking ABC reporter Angus Grigg to cut comments he made about the recently retired former ACCC chair Rod Sims, who he seemingly did not realise retired less than two years ago.
After Grigg reminded him he is on record, and urged him to move along, Banducci walked out of the interview, before being coaxed back to complete the trainwreck chat.
